Big Gains to Government

The Government has made huge gains in some of the recent PSU IPOs.

COMPANY IPO MONTH POST IPO GOVT. HOLDING (%) POST IPO GOVT. HOLDING (No. of Shares in crores) OFFER PRICE (Rs.) VALUE OF GOVT. HOLDING ON ISSUE DATE (Rs. crore) MARKET PRICE AS ON 16-SEP-2019 (Rs.) VALUE OF GOVT. HOLDING AS ON 16-SEP-2019 (Rs. crore) GAIN/ LOSS
(Rs. crore)
% GAIN/ LOSS
NTPC LTD.OCT-200489.50737.9662.0045753.73123.1090843.3045089.5798.55
POWER FINANCE CORP.LTD.JAN-200789.78103.0585.008758.83110.2511360.712601.8829.71
POWER GRID CORP.OF INDIA LTD.SEP-200786.36363.4952.0018901.49202.0573443.3254541.83288.56
REC LTD.FEB-200881.8270.25105.007376.67143.2510063.892687.2236.43
NHPC LTD.AUG-200986.361062.3436.0038244.1324.1025602.32-12641.81-33.06
OIL INDIA LTD.SEP-200978.4318.861050.0019802.95153.452894.06-16908.89-85.39
SJVN LTD.APR-201089.97372.1626.009676.2325.959657.62-18.61-0.19
COAL INDIA LTD.OCT-201089.99568.47245.00139275.89200.55114007.21-25268.68-18.14
MOIL LTD.NOV-201080.0013.44375.005040.00122.351644.38-3395.62-67.37
PUNJAB & SIND BANKDEC-201082.0718.31120.002196.6720.20369.77-1826.90-83.17
NBCC (INDIA) LTD.MAR-201290.0010.80106.001144.8037.65406.62-738.18-64.48
HOUSING & URBAN DEVELOPMENT CORP.LTD.MAY-201789.81179.7860.0010787.0438.706957.64-3829.40-35.50
COCHIN SHIPYARD LTD.AUG-201775.0010.20432.004404.31352.653595.33-808.98-18.37
GENERAL INSURANCE CORP.OF INDIAOCT-201785.7875.25912.0068628.00185.3513947.59-54680.41-79.68
NEW INDIA ASSURANCE CO.LTD.,THENOV-201785.4470.40800.0056319.99107.157543.36-48776.63-86.61
BHARAT DYNAMICS LTD.MAR-201887.7516.08428.006883.49285.554592.48-2291.01-33.28
HINDUSTAN AERONAUTICS LTD.MAR-201889.9730.091215.0036484.02730.2021968.45-14515.57-39.79
MISHRA DHATU NIGAM LTD.MAR-201874.0013.8690.001247.68131.201818.85571.1745.78
RITES LTD.JUN-201887.4017.48185.003233.80236.954141.89908.0928.08
IRCON INTERNATIONAL LTD.SEP-201889.168.39475.003983.27340.552855.80-1127.47-28.31